HomeNews News Central Bank Of India To Buy Back Rs 500-Crore Perpetual Bonds Central Bank Of India To Buy Back Rs 500-Crore Perpetual Bonds

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Central Bank Of India To Buy Back Rs 500-Crore Perpetual Bonds

Central Bank Of India To Buy Back Rs 500-Crore Perpetual Bonds

Wednesday, January 25, 2017, 7:10 PM
Central Bank of India will go for a premature buyback of 9.4 per cent perpetual bonds worth Rs 500 crore.The decision was taken at a meeting of board of directors of the public sector lender held on Monday."The Board of Directors of the Bank at their meeting held on January 23, 2017 considered and approved the proposal for premature buy-back of 9.40 per cent.
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